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Countries with the highest minimum wage in the world

Last updated on: June 05, 2014 17:32 IST

Countries with the highest minimum wage in the world

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In Luxembourg or France, if you work as an unskilled labourer in a factory, you would be making Rs 630 ($10.66) an hour or Rs 5,040 ($85.28) a day for an eight-hour shift.

There are nine countries that pay higher minimum wage compared to the US - a person makes minimum salary of $7.11 (Rs 420) an hour there, according to data compiled by Bloomberg.

Let’s take a look at countries that pay the highest minimum wage in the world.

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Image: Peter Andre launches the UK's largest carwash.
Photographs: Ben A. Pruchnie/Getty Images

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Countries with the highest minimum wage in the world

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Luxembourg

Rank: 1

Real hourly minimum wage 2013: $10.66

Real hourly minimum wage 2003: $9.92

Average annual increase 2003-2013: 0.72 per cent

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Image: Pedetrians walk in the centre of the city of Luxembourg.
Photographs: Yves Herman/Reuters

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Countries with the highest minimum wage in the world

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France

Rank: 2

Real hourly minimum wage 2013: $10.60

Real hourly minimum wage 2003: $9.18

Average annual increase 2003-2013: 1.44 per cent

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Image: A view shows boats along the Port de l'Arsenal near the Place de la Bastille (Bastille Square) in Paris.
Photographs: Charles Platiau/Reuters
Tags: France

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Countries with the highest minimum wage in the world

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Australia

Rank: 3

Real hourly minimum wage 2013: $10.21

Real hourly minimum wage 2003: $9.69

Average annual increase 2003-2013: 0.52 per cent

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Image: The Sydney Opera House is reflected in a harbourside hotel window in The Rocks district of Sydney.
Photographs: Jason Reed/Reuters
Tags: Australia

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Countries with the highest minimum wage in the world

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Belgium

Rank: 4

Real hourly minimum wage 2013: $9.97

Real hourly minimum wage 2003: $9.83

Average annual increase 2003-2013: 0.15 per cent

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Image: A modern sculpture by Belgian artist Tom Frantzen shows former Belgian King Leopold II surrounded by animals and African warriors in the park of the Royal Museum for Central Africa in Tervuren.
Photographs: Francois Lenoir/Reuters
Tags: Belgium

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Countries with the highest minimum wage in the world

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Netherlands

Rank: 5

Real hourly minimum wage 2013: $9.48

Real hourly minimum wage 2003: $9.64

Average annual increase 2003-2013: -0.17 per cent

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Image: Men enjoy the afternoon sun at the Brouwersgracht canal in Amsterdam.
Photographs: Michael Kooren/Reuters
Tags: 1

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Countries with the highest minimum wage in the world

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Ireland

Rank: 6

Real hourly minimum wage 2013: $9.01

Real hourly minimum wage 2003: $7.80

Average annual increase 2003-2013: 1.45 per cent

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Image: A woman cycles past the "Coffee To Get Her" restaurant near Dublin city centre which becomes a bar and club in the evenings.
Photographs: Cathal McNaughton/Reuters
Tags: 1

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Countries with the highest minimum wage in the world

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New Zealand

Rank: 7

Real hourly minimum wage 2013: $8.62

Real hourly minimum wage 2003: $6.75

Average annual increase 2003-2013: 2.48 per cent

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Image: People buy fruits at a fruit and vegetable market in front of the Te Papa Museum in Wellington.
Photographs: Jacky Naegelen/Reuters

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Countries with the highest minimum wage in the world

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United Kingdom

Rank: 8

Real hourly minimum wage 2013: $7.88

Real hourly minimum wage 2003: $7.10

Average annual increase 2003-2013: 1.05 per cent

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Image: The Houses of Parliament and Big Ben are silhouetted against the sky in London.
Photographs: Luke MacGregor/Reuters

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Canada

Rank: 9

Real hourly minimum wage 2013: $7.85

Real hourly minimum wage 2003: $6.40

Average annual increase 2003-2013: 2.06 per cent

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Image: Commuters make their way across the Brooklyn Bridge in New York.
Photographs: Keith Bedford/Reuters
Tags: Canada

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Countries with the highest minimum wage in the world

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United States

Rank: 10

Real hourly minimum wage 2013: $7.11

Real hourly minimum wage 2003: $6.44

Average annual increase 2003-2013: 1.00 per cent

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Image: The Space Needle and Mount Rainier are pictured at dusk in Seattle, Washington.
Photographs: Jason Redmond/Reuters

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Countries with the highest minimum wage in the world

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Austria

Rank: 11

Real hourly minimum wage 2013: $6.61

Real hourly minimum wage 2003: NA

Average annual increase 2003-2013: NA

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Image: Tourists photograph each other in the Austrian world heritage village of Hallstatt.
Photographs: Leonhard Foeger/Reuters
Tags: NA , Austria

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Countries with the highest minimum wage in the world

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Japan

Rank: 11

Real hourly minimum wage 2013: $6.61

Real hourly minimum wage 2003: $5.79

Average annual increase 2003-2013: 1.33 per cent

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Image: Maiko, (apprentice geisha) perform during an annual spring dance performance at the Kaburenjo theatre in the Miyagawa district of Kyoto.
Photographs: Leonhard Foeger/Reuters
Tags: Japan

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Slovenia

Rank: 13

Real hourly minimum wage 2013: $6.56

Real hourly minimum wage 2003: $4.81

Average annual increase 2003-2013: 3.15 per cent

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Image: Statue of a dragon is seen on the dragon bridge over river Ljubljanica.
Photographs: Srdjan Zivulovic/Reuters
Tags: Slovenia

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Israel

Rank: 14

Real hourly minimum wage 2013: $5.31

Real hourly minimum wage 2003: $5.07

Average annual increase 2003-2013: 0.48 per cent

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Image: People rest on benches outside a hotel in the Red Sea resort city of Eilat, one of Israel's most popular holiday spots.
Photographs: Amir Cohen/Reuters
Tags: Israel

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South Korea

Rank: 15

Real hourly minimum wage 2013: $5.22

Real hourly minimum wage 2003: $3.37

Average annual increase 2003-2013: 4.48 per cent

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Image: Buddhists pray in front of a statue of Buddha during a prayer meeting to celebrate the birth anniversary of Lord Buddha at the Jogye temple in Seoul.
Photographs: Kim Kyung-Hoon/Reuters

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Spain

Rank: 16

Real hourly minimum wage 2013: $4.76

Real hourly minimum wage 2003: $4.24

Average annual increase 2003-2013: 1.16 per cent

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Image: People visit the mausoleum where the tomb of Spain's former dictator General Francisco Franco lies in the Valle de los Caidos (Valley of the Fallen), near Madrid.
Photographs: Reuters
Tags: Spain

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Poland

Rank: 17

Real hourly minimum wage 2013: $4.73

Real hourly minimum wage 2003: $3.14

Average annual increase 2003-2013: 4.17 per cent

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Image: Ariel view of the neo-Gothic Palace of Culture.
Photographs: Katarina Stoltz/Reuters
Tags: Poland

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Greece

Rank: 18

Real hourly minimum wage 2013: $4.56

Real hourly minimum wage 2003: $5.10

Average annual increase 2003-2013: -1.11 per cent

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Image: A clown entertains people at central Syntagma square in Athens.
Photographs: Oleg Popov/Reuters
Tags: Greece

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Turkey

Rank: 19

Real hourly minimum wage 2013: $4.30

Real hourly minimum wage 2003: $2.94

Average annual increase 2003-2013: 3.88 per cent

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Image: The sixth century Byzantinian monument of St. Sofia (Ayasofya) and the 16th century Ottoman era Blue Mosque are seen behind the Topkapi Palace.
Photographs: Reuters
Tags: Turkey

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Portugal

Rank: 20

Real hourly minimum wage 2013: $3.99

Real hourly minimum wage 2003: $3.57

Average annual increase 2003-2013: 1.13 per cent

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Image: Traditional chimnies of rural houses in the Portuguese Southern province of Algarve.
Photographs: Nacho Doce/Reuters
Tags: Portugal

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Hungary

Rank: 21

Real hourly minimum wage 2013: $3.92

Real hourly minimum wage 2003: $3.20

Average annual increase 2003-2013: 2.05 per cent

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Image: St. Stephens' Basilica is pictured behind a Christmas market in downtown Budapest.
Photographs: Bernadett Szabo/Reuters
Tags: Hungary

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Slovakia

Rank: 22

Real hourly minimum wage 2013: $3.29

Real hourly minimum wage 2003: $1.90

Average annual increase 2003-2013: 5.61 per cent

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Image: A view Strane pod Tatrami village from the Roma settlement below the Tatra mountains.
Photographs: Petr Josek/Reuters
Tags: Slovakia

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Czech Republic

Rank: 23

Real hourly minimum wage 2013: $3.26

Real hourly minimum wage 2003: $3.16

Average annual increase 2003-2013: 0.32 per cent

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Image: People enjoy the sunny spring weather as they ride a pedal-boat on the Vltava river in Prague.
Photographs: David W Cerny/Reuters

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Chile

Rank: 24

Real hourly minimum wage 2013: $3.01

Real hourly minimum wage 2003: $2.30

Average annual increase 2003-2013: 2.71 per cent

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Image: A nocturnal view of the 'Artilleria' funicular railway in the port city
Photographs: Carlos Barria/Reuters
Tags: Chile

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Estonia

Rank: 25

Real hourly minimum wage 2013: $2.87

Real hourly minimum wage 2003: $1.87

Average annual increase 2003-2013: 4.35 per cent

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Image: View of Estonia's capital Tallinn.
Photographs: Ints Kalnins/Reuters
Tags: Estonia

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Mexico

Rank: 26

Real hourly minimum wage 2013: $0.83

Real hourly minimum wage 2003: $0.82

Average annual increase 2003-2013: 0.05 per cent


Image: People walk in front of the Palace of Fine Arts in Mexico City.
Photographs: Edgard Garrido/Reuters
Tags: Mexico

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